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Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.
Intel earnings top Q2 forecasts, but deepening net loss sparks job cuts and project cancellations as CEO shifts focus.
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel says the staff reduction is “designed to create a faster-moving, flatter --- and more agile organization.” Part of the ...
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the ...
After a deluge of Oregonians reported issues receiving paid leave or unemployment benefits from the Oregon Employment ...
Intel said Thursday that it “plans to end the year with a core workforce of about 75,000 employees” due to layoffs and ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling ...
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...